Tag Archives: diaspora

diaspora: Latest News

  • Why Is East Africa A Global Leader In Mobile Remittances?

    East Africa a global leader in mobile remittances By Tom Jackson, 9:58 pm AFKI Original

    TerraPay is the latest mobile payments platform to enter the crowded East African market with its launch in Tanzania. The challenge for the market lies in navigating regulatory hurdles from one country to the next, an expert said. Interoperability has the potential to unlock intra-African mobile remittances and could be key to promoting cross-border trade. It is expected to overcome challenges to scale and facilitate micro-transfers across borders, a common theme for Africa’s low-income population. Expect to see some consolidation in the market.

  • Opinion: Zimbabwe’s Cash Crisis Is An Opportunity For Real Estate Investors

    Zimbabwe real estate investors By Dana Sanchez, 12:13 pm

    The Zimbabwean diaspora has a significant interest in property investment in their home country. Although agricultural land is typically state-owned, and rural land communally owned, urban land in Zimbabwe is held under freehold title, and deeds are registered. There are rights to ownership of urban land, and interest and potential for investment in urban land in Zimbabwe. Continued interest in the diaspora has seen increased demand for small-scale, affordable housing in low- and high-density areas.

  • The Growing Real Estate Market At The Foot Of Mount Kenya

    real estate market at the foot of Mount Kenya By Dana Sanchez, 9:39 pm

    At 17,057 feet, Mount Kenya gets less attention than its taller counterpart, Mount Kilimanjaro, but Africa’s second-highest mountain offers everything its bigger neighbor does, and then some. The area around the foothills is emerging as a hot spot for residential and commercial real estate. The focus of Mount Kenya Wildlife Estate is the wildlife, with houses clustered around waterholes and salt licks, and views of the Mount Kenya. The development consists of 100 holiday homes on 1,000 acres. Most houses have sold for $330,000 each.

  • #IfAfricaWasASchool: Defying Backwards Western Stereotypes With Humor

    IfAfricaWasASchool By Staff, 11:14 am

    The Twitter hashtag #IfAfricaWasASchool was trending a few weeks back. It’s is a celebration of what makes each country unique in a fun way, says Egyptian-American Malaka Gharib. The funny memes, tweets and one-liners disarm people and cut tension about political strife and interstate rivalries. They also defy backward stereotypes the West may have about people on the continent. And they invite Africans in the diaspora to participate.

  • African Youth Leaders On US Fundraising Tour To Help 9,000 Ethiopian Jews Immigrate To Israel

    By Dana Sanchez, 11:50 am

    Israel is home to 130,000 Israeli citizens and their descendants who immigrated from Ethiopia. Money was never an issue when it came to helping Ethiopian Jews immigrate to Israel — until now. The Israeli Law of Return stipulates that all Jews can get citizenship in Israel. But with all the Ethiopian Jews supposedly already in Israel, paying for 9,000 more is turning out to be a tough sell. The speaking tour is meant to mobilize the American Jewish community to pressure Israel from the diaspora. The idea is to emphasize that “welcoming exiles is a Jewish issue rather than an Israeli issue,” a U.S. stakeholder said.

  • Nigeria Suspends Operations For All But 3 Global Remittance Firms, Raising Monopoly Fears

    remittance firms By Dana Sanchez, 4:06 am

    Some unregistered remittance firms have been detrimental to the Nigerian economy, the government says. They are accused of withholding dollars and paying local beneficiaries with naira. Just three remittance firms — all based in the U.S. — are allowed to continue operating in Nigeria. Nigeria receives more than $20 billion in remittances a year. The move by the central bank is arbitrary, inexplicable and detrimental to the Nigerian diaspora, said the CEO of a suspended firm.

  • Rethinking Expats: Who Are They And Do African Businesses Even Need Them?

    rethinking expats By Dana Sanchez, 12:04 am

    What makes one an expat? The term embodies a double standard, according to one source. Many African governments have made it difficult for companies to get work permits for expats, hoping instead to fill executive positions locally. One alternative for multinational companies is to recruit Africans returning from the diaspora. This aligns with the push in most African countries for indigenisation – a policy to use local people to fill senior positions rather than going expat.

  • African Diaspora: Hair Braiding Tradition Lives On In Harlem

    African Diaspora: Hair Braiding Tradition Lives On In Harlem By Staff, 12:03 am

    Hair braiding is a tradition that has been practiced in various African societies for centuries. Across the U.S., women from countries such as Senegal, Ivory Coast and Togo, have used braiding as a bridge to a better life. Entrepreneurial instinct and the ability of braiders to marry traditional braiding styles with hair trends within African-American culture, meant braiding was a secure source of income. Most braiders come from French-speaking African countries.

  • Africa-Themed Emojis With Customized Languages Launched On Google Play, App Store

    Africa-Themed Emojis By Dana Sanchez, 11:39 am

    Afro Emoji says it identified a gap in the market for custom characters that represent 100s of millions of Africans on the continent and in the diaspora. With an estimated 12,500 emojis tweeted every minute, advertisers are interested in what they mean. When Apple was accused in 2014 of lacking racial diversity in its emojis, it came up with skin-tone emojis. “Diversity is not about skin color — it’s about embracing the multiple cultures out there that have no digital representation,” a stakeholder said.

  • Music Business: Nicki Minaj Says Angola Show Was About Black Female Empowerment

    By Dana Sanchez, 3:21 pm

    Criticism continues over U.S. mega-star rapper Nicki Minaj’s holiday concert in Angola. A U.S. charity said she shouldn’t be performing for dictators. Here’s another perspective: The concert was a high-profile chance for a black Trinidadian woman living in the U.S. to talk to Angolan women about what empowerment means to black women in the diaspora.

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